Form 4: Jackson Financial Inc. Executive Scott Romine Sells 7,000 Shares
SEC Form 4 Filing
Scott Romine, President and CEO of JNLD at Jackson Financial Inc., sold 7,000 shares of common stock at an average price of $84.43 on March 7, 2025.
Summary
- On March 7, 2025, Scott Romine, President and CEO of JNLD at Jackson Financial Inc. [JXN], sold 7,000 shares of common stock.
- The sale was executed at a weighted average price of $84.43 per share, with individual transactions ranging from $84.40 to $84.60.
- Following the transaction, Romine directly owns 85,276.46 shares of Jackson Financial Inc.
- These shares are held in a brokerage account in the name of Scott Romine & Penny Romine TTEE Eleven D Six Trust U/A 8/25/23.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This sale by a key executive is a data point investors may consider when evaluating the company's stock.
Stakeholder Impact
- Shareholders may interpret the stock sale as a signal, although it's a single transaction and could be for personal financial reasons.
Key Dates
| Date | Description |
|---|---|
| 08/25/2023 | Date of the Eleven D Six Trust U/A |
| 03/07/2025 | Date of the stock sale transaction |
| 03/10/2025 | Date of signature on the Form 4 filing |
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